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RE: Charts: How much STEEM is being transferred from and to the exchanges?
It seems the powering down is placing constant selling pressure on steem. Blocktrade and Bittrex illustrates it well.
It seems the powering down is placing constant selling pressure on steem. Blocktrade and Bittrex illustrates it well.
yes currently there is a bit of powering down happening which creates selling pressure. i think this means there is a good chance to pick up some cheap steem in the next few days.
Based on the tiny volume of trades reflected in the actual figures listed above. I don't think there will be any cheap steem anytime soon. Unless $1.40 is cheap?
Which it could well be by this time next year. As some excitable people are predicting $10?
Who knows? Speculating is always a bit of a crapshoot.
Good post as always @penguinpablo